**Overview: The three major indexes continued to fall after the opening, the Shanghai Composite Index fell to 2700 points again, the Shenzhen Component Index fell more than 2%, the CSI 2000 Index fell nearly 8%, the CSI 1000 Index fell more than 5%, the Shanghai Composite 50 bucked the trend and floated red, China Shenhua, Agricultural Bank of China and other high-dividend heavyweights continued to hit a record high, ** showing a general downward trend.
On the news side, the first document in 2024 was announced, proposing a "roadmap" for promoting the comprehensive revitalization of the countryside. Stimulated by this news, the agricultural sector bucked the trend in early trading.
In terms of indexes, the Shanghai Composite continued to find the bottom in early trading, and the three major indexes fell differently. Shanghai and Shenzhen respectively adjusted -159%、-1.99%、-1.48%。The market accelerated to catch up with the bottom, out of the 1,000-share fall limit, and only a few ** stocks were strong. It is recommended to defend in two positions to deal with the current **.
In terms of sectors, Shanghai's local stocks, real estate, media, and gaming sectors were among the top decliners, while a few sectors such as banks and agriculture were among the top decliners. At present, small-cap stocks in the market have fallen in an all-round way, out of the first 1,000-share limit, showing a state of accelerating to catch up with the bottom. At present, only bank stocks, SSE 50 constituent stocks and other ** blue chips are strong against the trend. It is recommended to watch more and move less, and wait patiently for the end of the market correction.
Operation strategy: It is recommended to defend two positions to deal with the current market. It can focus on the layout of banking, agriculture and SSE 50 constituent stocks, and pay attention to the opportunities of demon stocks and over-falling stocks in the current market environment. It is recommended to wait patiently for the end of the market adjustment, and focus on wait-and-see at the moment, try not to make a move, and not to increase positions.